Access your Club Control Panel and click the ‘Settings’ tab, then select ‘Club Information’ from the left-hand menu.
Scroll down to set your business status to either ‘In Business’ or ‘Consumer’.
- In Business - defines a club which receives any form of revenue, whether that be through collecting membership fees, or a refreshment stall. This category can include registered charities and informal groups.
- Consumer - defines a club that does NOT collect any fees or sell any merchandise or products.
Once you have selected a business status, click the green ‘Save’ button at the bottom of the page.
The ‘Business Status’ is used to determine what tax rate is applied to your invoices.
Especially if your club is outside the UK but within the EU, it is essential that you set your business status correctly.
All UK clubs, whether they are ‘In Business’ or ‘Consumer’ will have the standard 20% tax rate applied to all invoices.